Nigeria’s inflation eases to 15.91% in June 2026, says NBS

The National Bureau of Statistics (NBS) on Wednesday said  Nigeria’s headline inflation rate edged lower to 15.91per cent in June 2026, compared to 15.93per  cent recorded in May, according to the latest Consumer Price Index (CPI) report.

According to the report by NBS, the June 2026 inflation rate was significantly lower than the 25.29per cent recorded in June 2025, reflecting a continued moderation in headline price growth on a year-on-year basis.

On a month-on-month basis, headline inflation slowed to 1.66per cent in June, down from 1.75per cent in May, indicating a slower pace of price increases compared to the previous month.

However, food inflation remained elevated, rising to 17.52per cent year-on-year in June. On a monthly basis, food inflation accelerated to 3.75per cent, up from 2.98per cent in May, suggesting renewed pressure on food prices despite the slight moderation in overall inflation.

…more details soon